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20121108
20121116
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and the president. speaker boehner said tax hik eshehikes aren't acceptable. senator mcconnell the republican leader in senate said that he won't raise taxes to turn off those spending cuts. if senator mcconnell and speaker boehner don't bend, do you still believe the president should go up to the brink. >> here we are, our country has a tremendous debt and deficit problem. we also have a challenge in making sure that we educate our work force, we need to make sure we care for our veterans who need that care today. we need to have research and we need to be able to compete in a global marketplace, those investments are important. everyone who has looked at this, including the supercommittee that i served on, said we need to have revenue as part of the solution to this problem as well as looking at entitlements and spending cuts. what the missing ingredient is revenue. that's what we face right now. if our republican counterparts can step forward with that revenue piece we'll be able to find a solution. >> and if not, go off a cliff? >> well, clearly, we have the ability between now and the end of th
exclusive. we sit down with the country's most powerful republican, house speaker john boehner. facing a critical deadline. will he and the president finally make a deal? or will this country fall off a cliff of huge tax increases and a new recession? everyone has said, a disaster is looming. >>> face to face. gabby giffords is there as the man who shot her is sentenced. her husband, mark kelly, tells us what was going through their minds. >>> freezing over. the families in the storm zone, hud. ing in blanketsing a they're hit with another storm. >>> and band of brothers. our bob woodruff, standing up for heroes tonight. the healing power of rock and roll. ♪ >>> good evening once again from washington, d.c., where the election may be over, but the clock is sticking on an issue affecting every american family. and standing at the urgent crossroads, the president and the speaker of the house, republican john boehner. there is a freight train bearing down on this country, called the fiscal cliff. it made the stock market so nervous today, for the second day in a row, it dropped. and bus
. john boehner says congress needs to fix the debt problem through tax reform and entitlement reform. >> everythingto be looked at. >> reporter: boehner put the pressure on president obama to take charge on where the negotiations go. >> this is an opportunity for the president to leave to. engage the congress and works towards a solution that can pass both chambers. >> reporter: president obama invited leaders from both parties to the white house to start working to reach consensus on the very urgent issues. karen traverse, abc2 news, washington. >>> it's been two days since a of 0-inch water main break broke in baltimore, flooding north charles street. crews trying to get to the main. a huge amount of water including gas lines needed to be shut down and slowed down the process of getting to the broken main. >> our plan is to try to get this done as quickly as possible and knowing full well this is a major throughway for the loader and convenience for the rest of us here. we are going to be working around the clock, 24/7 until we get this done. the next few days, the weather is favor
to avert the looming fiscal cliff that we have talked so much about, house speaker john boehner was quick to express willingness to compromise, get the job done. boehner sat down for an exclusive interview with abc's diane sawyer. he said he is willing to listen to the president's proposals even if they clash with gop principles. but he was adamant that raising taxes is not an option. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear. >> wealthier americans pitch in here. >> raising tax rates is unacceptable. and frankly it couldn't even pass the house. putting increased revenues on the table, but through reforming our tax code, and i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. i am confident that he and i can find the common ground necessary. >> that common ground may be tough to find because the president has already said he would veto any deal that does not allow tax cuts for the rich to expire. boehner says
. it's good for america to see this. john boehner coming out today. harry reid as well. boehner said, we can't keep setting the bar that low. it is time we raise the bar. i loved what he said about we are ready to be led not as democrats or republicans, but as americans, not as a liberal or conservative, but as the president of the united states. >> that's the quote mark alluded to. you hope in light -- dual messages last night. the country overwhelmingly elected barack obama back to office. more democrats in the senate and the house. on the other side. popular vote very close. obama, up by 3 million votes. very close race. that was a message, not a mandate. so there is a middle ground that you hope they both seek out. because the electorate did send dual messages last night. >> one headline, the divided states of america. it is a little divided. we need some healing, neosporin and a band-aid. >>> yeah. asian stocks tumbled overnight after a steep drop on wall street. global investors are nervous about new forecasts that show slow slow economic growth in europe well into next year. b
from major players. >> i'm open pro compho comproe myself. >> reporter: speaker boehner said they would have to avoid nasty fights and according to "the new york times," they seemed to listen. but it could push the country offer the fiscal cliff, the 1st of january. that's when the number of tax cuts expired dubbed taxmageddon. and severe cuts that defense spending would be triggered. the sticking point on avoiding that cliff -- taxes. the president campaigned on and won on letting tax cuts for the rich expire. a leading republican said no. >> no republican is going to vote for higher tax rates. we will generate revenue from eliminating deductions from loopholes. >> reporter: if that sounds like the argument we heard before, you're right. that rates for the rich rise. are we headed for that cliff? >> so if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> on friday, congressional leaders come here to the white house to start negotiations in earnest. david kerley, abc news, the white ho
victory for democrats, a humbled speaker of the house, john boehner, struck a conciliatory tone. after keeping control of the house, but losing seats. he signaled a possible willingness to compromise on taxes and extended an olive branch to the president. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans, but as americans. let's rise above the dysfunction and do the right thing together for our country. >> reporter: rush limbaugh almost seemed at a loss of words when describing the republican defeat. >> i went to bed last night thinking, we're outnumbered. i went to bed last night thinking we lost the country. >> reporter: as returns were still rolling in, sarah palin seemed stunned. >> unfortunately, we know what we will get with four more years of obama. this really is a catastrophic setback to our economy. it's a perplexing time for many of us right now. >> reporter: in high-profile races from the top on down, it was a night of republican concession speeches. >> i pray that the president will be successful in guiding our nation. >> things
: but yesterday, republican house speaker john boehner told diane sawyer that was a nonstarter. >> is it on the table to talk about? >> i made clear -- >> the wealthier americans pitch in. >> i made clear yesterday that raising tax rates is unacceptable. and frankly, it couldn't even pass the house. >> reporter: still, today, the president said the debate had been settled, with his victory tuesday night. >> this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. >> reporter: and he threw down the gauntlet, saying everyone agrees on keeping the middle class tax cuts for those who make under $200,000 a year. so, he say, congress should act on that now. >> and i've got the pen ready to sign the bill right away. i'm ready to do it. i'm ready to do it. >> reporter: and diane, president obama heads to asia next week. before he leaves, he is calling for a meeting of the top house and senate democrat and republican leaders to at least begin to try to find a compromise
, fights breaking out. >>> an abc news exclusive. house speaker john boehner draws a line in the sand two days after the election. saying any tax increase would be unacceptable. the standoff, now, already set, as the president gets surprisingly emotional. >> i'm really proud of all of you. >> in this brand-new footage, released overnight. >>> armed and dangerous. the massive manhunt for the bank robber called the ak-47 bandit. now, caught on tape, holding up banks across the west with an automatic rifle. police racing to track him down before he strikes again. >>> and the surprising revelation from the woman we all know from the dance floor. brooke burke charvet's surprising diagnose. the mother of four's new health battle. >>> always nice to see that we are well-protected here in times square. good morning, everyone. robin is on the mend. elizabeth vargas is back. and, boy, so much anger building up here in the northeast. tens of thousands, now, day 11 without power. the utility companies are under fire for that. and gas is still so hard to find for so many who need it. >> 77% of fuel st
, house speaker john boehner drew a hard line on raising taxes. but opened the door of raising more revenue as part of a deficit reduction deal. >> i would do that if the president were serious about solving our spending problem and trying to secure our entitlement programs. >> reporter: but democrats think the newly-re-elected president has a mandate to raise taxes on families making more than $250,000 a year. >> there was a message sent to us by the american people, based on the campaign. and that is, people making all this money have to contribute a little bit more. >> reporter: democrats and republicans are set to begin talks on debt reduction, hoping to avoid automatic spending cuts and tax increases from kicking in at the end of the year. the president will make his first post-election comments on the economy today at the white house. during his victory speech tuesday night, he says he wants a bipartisan solution to solve the country's fiscal challenges. >> i'm looking forward to reaching out and working with leaders of both parties, to meet the challenges we can only solve to
the major players. >> i'm open to compromise. >> just time to get the job done. >> reporter: speaker boehner told his republican members they would have to avoid nasty fights and according to "the new york times," they seemed to listen. but those words don't change a bassic disagreement that could push the country off the fiscal cliff the 1st of january. that's when a number of tax cuts expire, meaning the average family will pay an extra $3,700 a year. and severe cuts to defense and government spending. the sticking point on avoiding that cliff? taxes. the president campaigned on and won on letting tax cuts for the rich expire. today, a leading republican said no. >> no republican will vote for higher tax rates. >> reporter: if that sounds a lot like the argue we already heard, you're right. and democrats appear embolden that rates for the rich rise. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> reporter: the two sides have four more days to lay out their markers. on friday, cong
entire career. >> reporter: diane sawyer asked speaker boehner if you were now the leader of the republican party and his answer was, oh, i wouldn't think so, paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role now, position wonk? >> i've always been one of the house policy wonks my role is to continue to be a champion of ideas and help our party be the reform party. >> reporter: ryan says he unplugged in the days after the campaign. he didn't even hear the news about david petraeus' resignation or questions about its timing until later. instead, he was hunting and spending time with his family. >> you know, the great thing about this last weekend i got to go to both mire boys' basketball games and two of my daughter's volleyball games. >> reporter: an upside to losing. >> reconnection with my family which we're a close family. people got to see our family. i'm excited about getting back to work here. >> reporter: paul ryan's three kids all are in lemonade school and saw a big up side to losing. they get to stay in the
both parties have to talk to each other. >> reporter: diane sawyer asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas. to help our party be the reform party. that shows how we get economic growth. >> reporter: i asked ryan about speculation that he would be an early front-runner for the republican presidential nomination in 2016. he told me it is way too early to even think about the next presidential race. jonathan karl, abc news, washington. >> he also said another reason his team lost the turnout in urban areas in the country was so high. they also lost in states with few minorities and rural areas, iowa, new hampshire. if you look at a lot of the president's poll numbers, there was more at play than folks of color coming out in support. one important part of
. >> time to get the job done. >> speaker boehner told republican members they would have to avoid nasty fights and according to "the new york times" they seemed to listen. the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president campaigned on and won, on letting tax cuts for the rich expire. a leading republican said no. >> no republican will vote for higher tax rates. we will generate revenue from eliminating deductions and loopholes. >> reporter: if that sound like the argument we heard. you are right. democrats appear emboldened that rates for the rich rise. are we headed for the cliff? >> if the republicans will not agree with that, we will reach a pin the at the end of this year, where all of the tax cuts expire, and we'll start over next year. >> reporter: friday, congressional leaders come here to the was to
Search Results 0 to 13 of about 14